Federal Pension Advice and Insights

Nov 14, 2024

The right retirement date under FERS can significantly increase your annual-leave payout, reduce gaps between your last paycheck and first pension payment, and improve your overall retirement benefits.

Nov 12, 2024

For Now, the 2025 cola update is that The Social Security Administration (SSA) has announced a 2.5% cost-of-living adjustment (COLA) for 2025, which will impact more than 72.5 million Americans

Nov 8, 2024

Social Security is a federal program that provides financial support to retirees, disabled individuals, and their families.

Nov 6, 2024

The 2025 VA disability pay rates will increase by 2.5%, reflecting the Cost of Living Adjustment (COLA) announced by the Social Security Administration. This increase will take effect on December 1, 2024.

Nov 4, 2024

Are you wondering how many pay periods happen in a year, or how many payroll weeks you can expect, especially if you’re on a biweekly schedule in 2024?

Oct 22, 2024

For small business owners and self-employed individuals, the Solo 401(k) and SEP IRA are two of the top retirement plan options. Whether you're a freelancer or running a small business, these plans provide a straightforward way to start saving for retirement while offering significant tax advantages.

Oct 18, 2024

The Military Pay Raise 2025 is a significant topic of interest for active-duty service members, veterans, and military families.

Oct 17, 2024

The recognition of the FERS benefit is good for federal employees. The system provides a special benefit for employees retiring before they qualify to receive Social Security, thereby bridging the income gap.

Oct 16, 2024

After several years of above-average federal pay raises including the 5.2% raise in 2024 (the largest in over four decades) and 4.7% in 2025 federal employees may be facing a sharp reversal. The administration's FY2026 budget directs agencies to plan for a 0% pay raise. Congress is considering alternatives, but the fallout from the 43-day 2025 government shutdown has intensified pressure to limit federal payroll spending heading into 2026.

Oct 11, 2024

The 60-day rollover rule requires you to reinvest money from one retirement account into another within 60 days to avoid taxes and penalties.

Oct 11, 2024

As we near 2025, retirees, government workers, and everyone living on a fixed income are eyeing the Social Security Cost of Living Adjustment (COLA) and federal General Schedule (GS) pay scale updates.

Oct 10, 2024

The Income-Related Monthly Adjustment Amount (IRMAA) is an additional fee that certain Medicare beneficiaries may need to pay on their Part B and Part D premiums.